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20121204
20121204
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Search Results 0 to 49 of about 64 (some duplicates have been removed)
Current
Dec 3, 2012 9:00pm PST
and europe are not doing enough. you cannot put all the responsibility on us. we are doing an extraordinary sacrifice. you need to look at the policy you have in place. (woman) it's not what you get told. i mean, we just get told that it's bad for you. (man)it's bit of a good fun. we get it pretty much everywhere in london. woman) some people take it because it makes them feel good. (man) i used to take it. that was my choice. >>as long as there is demand for the use of cocaine whether it be in the usa, europe or other parts of the world, then it will be produced and it will supply the market. for the casual western recreational user of cocaine, i think you should need to confront the fact that the supply chain of your ah, preferred commodity, is a very dirty supply chain, and that has human, financial and social costs. (women) it's like drinking and smoking isn't it? (man)i don't really like alcohol and cigarettes. (women) it's sociable. and as much as you can take. (man) i'm only harming myself. aren't i? >>it used to be fun around here, back in the sixties. now er, at night time you do
PBS
Dec 3, 2012 4:30pm PST
? >> i think, i just got back from two weeks in europe speaking to portfolio managers in seven different countries. they are profoundly underinvestmented in the u.s. the endowment funds in this country are profoundly underinvested in u.s. equities. a lot of portfolio managers are hoping equities go down as measured by the s&p so their underperformance doesn't look as bad. if the market doesn't go down here i think they will be forced to chase not end of the year. >> susie: uh-huh. beyond stocks, give us your thoughts on bonds, on gold, and other commodities. >> i think gold is in a secular bull market. i think it's just been consolidating the big run it has had and will eventually go higher. bons i think with the re-election of president obama it pretty much insurances you will have low-interest rates for the next 18 to 24 months at least on the shored end of the yield curve. but i think bonds you need to have a very specific idea in terms of investing the fixed income side of your asset allocation because i don't know how much below 0 interest rates can go. and if the economy starts to
CNBC
Dec 4, 2012 6:00pm EST
on ford domestically. what are some of the other key areas. asia already turned. i think europe could be stablized. ford is the one to watch. i'm out blessing it. in europe i'm thinking that i'm excited about ford. we have ample evidence today that i'm right. the rates remained too low. and pricing is moving up in california, nevada, arizona all things we learned from the luxury home builder toll today. that is fine. but what i hadn't heard is a demographic play, how the demographics are going to take over. household formation is unnatural and because of the great resection. well, from the delay of creation of new families, which is highly unusual, what makes that so special? the fiscal cliff could be a big deal. i'm going to put it in an amusing way, it is the need to get out of your mother in law's house. pretty intuitive concept when you think about it. we have a break here. because the market is so darn tough. and that could be your chance for the analysts. here is the bottom line. we need hope to be van switkwis. he so that it is so negative. have them leave the room. and we can
KCSMMHZ
Dec 4, 2012 2:00am PST
you will have your own views on that one. as a euro crisis crimes on, people all over europe are looking for safer ways to invest their money. in many countries, they believe the answer lies in property. property prices on many big cities are still booming, and that means there is a shortage of affordable housing for students or low-income families. people being priced out of a home has become a major problem in hamburg in germany with many people forced to live with relatives or to commute long distances to work or study in the city center. the challenge now is for the authorities to provide new, cheaper housing, but, of course, finding they could building plots in a city is not always easy to do. dan hamburg's knew of market city district has become a tourist attraction. hamburg is a rich city, and it is becoming less and less affordable for average earners. many here live a shadowy existence, on the go all day with no place of their own, spending nights on the sofa us of friends. lena is studying political science at the university of hamburg. she is not registered, so we
KCSMMHZ
Dec 4, 2012 2:30pm PST
that is necessarily the right body to do it. it certainly does not think that all 6000 banks in europe should be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the progr
PBS
Dec 3, 2012 6:30pm PST
top story this hour. strong criticism from the u.s. and europe over israel's plan to build new settlements. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging." >> israel's prime minister remains especially defiant. they announce the plans to build homes on friday in response to the plan to upgrade palestine to a non-member state. in the israeli ambassador -- >> israeli ambassador daniel taub. paris and berlin called in israeli envoys to express their opposition. they say that israel is sending an negative message in the midst of national -- international peace efforts. >> israel is undermining competency -- confidence. >> israel says it will build 3000 settler homes in eastern jerusalem and the west bank. also plans to accelerate constru
SFGTV
Dec 4, 2012 12:30am PST
regulations, we filed the application right away, unfortunately i had to leave for europe almost immediately after, but we worked closely with the commission throughout and we completed i think all the necessary inspections and approvals from the city departments including the police department, the fire department, building including basic building and electrical, public health and the planning department. we also completed a fairly extendbacker extensive outreach program per the good neighbor policy, we talked with a large number of the surrounding businesses in the same building and masae's also made contact with people who are living in the immediate vicinity, and they gave very nice favorable comments on festa. i would like to say by the way, we very much appreciated the commission's help and guidance as we moved through this process, it's been much appreciated. well, on the outreach program, again, i think it's fair to say that masae and her team have built very good and friendly relations with all the neighboring businesses in the building. the overwhelming majority of the neighboring
SFGTV
Dec 4, 2012 1:00pm PST
anyone else. central europe last year, budapest, the czech republic had gone from a leading country in central europe, leading the region in laws and in the constitution of equality 16 years ago to a complete reversal today. it's got one of the worst records today of the deprivation of rights of women, roma people, jews, and lgbt people. sound familiar, that grouping? i was not prepared for what i was going to find in budapest. i was not prepared for the thousands ofneo nazis and state sanctioned militia that would meet a couple hundred marchers, thousands of them. * there was one young man, 21 years old, young hungarian, who would be the only person to go on tv with me, only hungarian, malan would take a blow horn and walk through the streets against families that hated us, and he walked and he shouted and he kept the morale up as we were walking against this sea of people who didn't like us because we were representing the inclusion and diversity that we so much cherish here. he was inspired by the story of my uncle and he said to me, do you think this is how harvey felt? and i sa
CNBC
Dec 4, 2012 4:00am EST
. >> which might be a slightly better outturn. china seems to be back on track. is there anything in europe -- what's the tail risk at the moment? >> i think there's two things that could still go wrong in europe. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot
SFGTV2
Dec 4, 2012 3:30am PST
, argentina, ecuador, guatemala, some with right wing governments, very tough on crime, and in europe, similarly. it's not generally the standards to be putting people behind bars for a possession of any drug in small amounts for one's own personal use. and perhaps the paramount example of success in this regard is portugal. portugal 11 years ago decriminalized the possession of all drugs in personal use amounts. drug selling is illegal and you can still be arrested for that. they began doing evaluations a few years ago. you do not go to jail for possession of any drug in a small amount. and you are not drug tested. nobody gets thrown back in for dirty urines and all this sort of stuff. it's now been in place for 11 years. the research on that, and i recommend the piece in the british journal of crin knowledge and kid send it to -- cridge -- criminolgy. cases of h.i.v. and hepc and crime went down and people continued to seek treatment, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you can
FOX Business
Dec 4, 2012 1:00pm EST
the market at a time where demand in europe right now is relatively weak. we're seeing that supply cushion. the other thing is the market has been pricing in a lot of worst-case scenarios. obviously doesn't seem to be getting a lot worse than what is happening but definitely it has been priced in to a certain extent, phil flynn, always knowledgeable. price futures group. >> thank you. lori: 'tis the season. the little town of rudolph, ohio, trying to save christmas. melissa: striking workers in california may turn into thh grinch that stole it. the port of long beach executive director j christopher lytle will join us how this could impact your holidays. ♪ . >> i'm liz macdonald with your fox business brief. stocks are swinging between gains and losses today as investors continue to focus their attention on washington, d.c. and the fiscal cliff negotiations. u.s. banks posting their best quarterly performance in six years. according to the fdic, banks posted a combined profit of more than 37 1/2 billion dollars during the third quarter. that is the 6.6% increase from the same time last y
KCSMMHZ
Dec 4, 2012 6:00am PST
's head now into europe. very patchy around here. this is extremely unstable across much of the continent. when i pull back the clouds, you'll see what i'm talking act. we've got low-pressure systems just dotted around the continue innocent. lots of windy and wet weather toward the west and the north. down here towards the southeast, we've got a low moving in that's going to bring some more severe weather in terms of the thunderstorms, and lots of snow. frigid air is descending from the north, and we'll see a lot of snowfall even quite far south into italy and the northern balkans. i want to show you some video coming out of ukraine. now, this is in kiev, the capital. this is the first snow of the winter. now, last friday's temperatures were the warmest seasonably that they have been for the last hundred years. many people found themselves quite unprepared for the sudden change in the weather. commuters in the region found themselves inconvenienced as the snow led to a lot of congestion on the roads in the downtown area. road crews were scrambling out, trying to get the mess cleaned up, p
PBS
Dec 4, 2012 2:30pm PST
in an economy like the uk or europe, you are done. now you have to spend the rest of your life in a depression because you are not used to dealing with the real world. what happens is he was -- he did not have a stable income. the risks were hidden from him. the taxi driver or the freelance person or anyone who has a variable in, is vastly more protected from adversity it than someone who has a very steady income. when i compared it to lead to saudi arabia or egypt before the arab spring -- italy to sell the radio or egypt before the arab spring, it is good in the long run to mitigate the black swan risk. tavis: what might he have done differently? >> if you were self-employed, he would've had skills to fix the market. he had one employer dependent on bad employer, permitted his position and now he does not have any skills. he could have done differently if he had changed jobs or changed skills. it is overall like a system -- small corporations have more variations and they're forced to adapt a faster. tavis: if you are watching this program right now and you are listening to this example and
CNBC
Dec 4, 2012 5:00pm EST
on with the europe that is probably a five to ten year recession. i think the u.s. is at best slogging through things here. i would make an argument that maybe the right multiple is 12 or so. if you throw in earnings of 95 to 100 you have an s&p that is significantly lower. >> rallies during the last phase of the market have peaked out around 14 times earnings. it is up from here in terms of a forward multiple. i don't see why we have to start applying a discount to what we have been seeing in terms of peak multiples given what we have been through. do you think that the uncertainty has peaked or is ahead of us? the maximum uncertainty. >> i would make the argument it is potentially forward but i think a lot of people would disagree. >> markets don't just pick a multiple like fisher price. the low multiple in the 1970s when you had slow growth and rising inflation was seven times earnings. if you google back to what you said which is you have to analysts, what are they telling me at this point? at the beginning of the year they said growth is back. now what is it? >> i don't think dollar is a definab
CSPAN
Dec 4, 2012 6:00am EST
a situation where we have a massive advantage over europe and asia in terms of our natural gas. it creates a better economy and that reduces the debt. >> there is a headline predicting we will be producing more oil than saudi arabia beginning in 2020. this is something almost on imagined 10 years ago. -- unimagined 10 years ago. what is the role of the federal government? >> to do things that encouraged the results. to follow up on the fiscal cliff. you can solve this fiscal problem if you grow our role to position relative to everybody else's. a big problem is the percentage of government spending is more than its should be related to total gdp. if there is an easier for millet in the history of economics that -- formula ever in the history of america -- economics that more american energy equals more american jobs, i don't know what it is. it is all the jobs you have if you of a reliable supply of energy. the front page of the "the wall street journal" indicates a difficulty of connecting this cheap product we have in natural gas. we thought we would run out natural-gas as a country. con
MSNBC
Dec 4, 2012 7:00am PST
economic times in europe and also the cooling of the luxury goods boom have really taken their toll. i believe consumption is expected to get better going into the beginning of the year, new year's and popping all and all of that kind of thing. still, even with that, it's not going to be enough to lift overall sales from a year earlier. and what's really interesting, chris, is that a downturn in -- it really shows that this drop in champagne shows that champagne's fortunes are very closely tied to europe's economic health and to the confidence of french consumers who account for half of champagne sales. >> all those bubbly french people. thank you so much. who knew that half of champagne sales are in france. thank you, mandy. >> thank you. >>> in the mood for a great burger to go with your champagne? food and wine is out with a list of best burgers. minetta tavern in new york city, in-in-out burger in california and michael's genuine food and zuni cafe in san francisco. there's a whole list on our website. raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economi
FOX Business
Dec 4, 2012 11:00am EST
: they wait until after the new year. are we still the best of the bunch question that europe is still a mess. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of th
CSPAN
Dec 3, 2012 8:30pm EST
ham was the commander of europe. mike his decorations, the defense superior medal. the legion ofmeter with two oak leaf clusters, the bronze star medal and the joint service commendation medal. it's a privilege to have general ham with us here today, and on behalf of everyone assembled i'd like to thank him for his service to the country. please join me in welcoming general ham the floor and thanking the homeland policy institute for convening this event. general ham. [applause] >> i think you can probably abbreviate that introduction and say, i'm a pretty old soldier who has around for a long while. but one of the things you didn't hear in the introduction is any experience in africa. in fact that puts me in the category of most who have served in the united states military, because africa has not been a part of the world in which we have focused a lot of attention. certainly not during the majority of my career. so, when i was asked by secretary gates to -- if was interested in taking on this responsibility, i replied, frankly, with a great deal of enthusiasm. not knowing quite what
SFGTV
Dec 3, 2012 10:30pm PST
and you look at europe where there are public nude spaces. indeed in parts of germany there are parts that are set aside for nudists. there is a river there and ride down the rubber tubes and at the end they get on the bus to ride down the river again, so this is part of our puritanical moral heritage that causes nudity to be a problem and it's a problem in the people's own mind. i walk down the street all the time and see something that i don't like to look at but it's part of life. i voted for supervisor wiener. i'm not going to make that mistake again. [applause] >> next speaker. >> hi. my name is kelsey beyer and i just wanted to follow up on that gentleman's comment, two commenters ago, that said there are people who are drawn actually to the castro and to san francisco because of the tolerance that the city shows towards nudity and nudists and the human body in general, and i am one of those people. i came here four years ago. i moved in 2008 after having visited the city only once, and my time in the castro i saw three new men on the street and casually interacting with ea
SFGTV2
Dec 4, 2012 3:00am PST
most in other societies, europe and elsewhere, though their rates of nonviolent crime and drug use are not that much different than ours. so if another country were to lock up its own people at the rate that we do, and if our rates of incarceration were more normative to the rest of the world, we would regard with that other country was doing as a massive violation of human rights. that's the way we would look at it. now, the other point here is what we're doing is not even consistent with american history. i mean, we had 500,000 people behind bars in 1980 and now we have 2.3 million, 2.4 million people behind bars and almost have 5,000 people behind bars just for a drug violation. there are as many people behind bars for a drug violation than we had for everything in 1980. it's not consistent with global standards and not consistent with our own history. it's costing a vast amount of money and i think what you see is for some of the d.a.'s and others are beginning to say enough is enough. we're seeing prison populations beginning to decline but when it comes down to the question,
CNBC
Dec 4, 2012 9:00am EST
.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and oracle will play out three-quarters of dividends this year. >>> more strength in housing this morning. toll brothers earnings top expectations. we'll begin with the fiscal cliff. governors are set to meet today with the president and congressional leaders. governors are concerned about the impact of deficit reduction measures on their state budgebu. the latest gop offer would overhaul the tax code, raise $800 billio
FOX Business
Dec 4, 2012 9:20am EST
to be a publisher. the fashion magazine editor is considered as ambassador for london or paris. yes, as europe struggles with crisis our official representative may be a celebrity bungler. new taxes announcing, these are taxes no matter how the fiscal cliff works out. and larry ellison knows it and pays to avoid a dividend tax. gets 200 million dollars. i'm still shaking my head. ambassador anna wintour? "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that's right. i've learned the only way to get a holiday deal is to camput. you know we've be open all night. is this a trick to t my st? male announcer break f
CSPAN
Dec 4, 2012 1:00pm EST
, certain parts of asia at times. there was in fact a bias, if you will, towards europe and particularly western europe over a number of years. but in the 1960's there was a decision made in this country by way of our laws that moved us towards a worldwide quota system. meaning that the chances for peoples around the world were to be in some ways viewed as equal. meaning that we did not have a bias toward europe, we did not have a bias toward some other part of the world. the idea was that we would try and make our immigration policy work such that someone who wished to come to the united states from a country in africa or a country in asia would have a similar chance as existed for someone in europe. so that was a major change in our overall policy. when i came to congress in 1979 that was essentially where we were. but we also realized that there had been a lack of enforcement of the laws with respect to legal immigration, such that we had a significant number of people who would come to the united states without the benefit of papers or who had come into this country illegally or had
FOX Business
Dec 3, 2012 7:00pm EST
already was reduced. this is dangerous. >> we doo't want to end up like europe. lou: thank you very much doctors, appreciate it. >> thank you. lou: now time for your comments, bob in houston saying, i hope that barack obama gets all of the taxes he wants, i will be the first to say i told you so when consequences happen, people learhe
FOX Business
Dec 3, 2012 9:00pm EST
for bringing to us. i'm sorry, i'm reeling from that last fact. >> go to europe for that. gerri: exactly that is ridiculous. thanks so much for cing on. great to see you. >> good to see you. gerri: still to come, my two cents more. you may have heard it. "consumer reports" is making a list and checking it twice just like somebody else we know. find out who they think is naughty and who is nice. ♪ . gerri: how naughty is your favorite company? "consumer reports" says wh gerri: bank ever mechanic is throwing in the towel and giving up fight on fees. according to "the wall street journal" it is postponing fees for checking accounts. new fees will be delayed until late next year. the fees would have hit 10 million or so customersy end of the this year. bank of america was testing new fees in a pilot program in georgia, massachusetts and arizona. they're charging between six and 25 per month on type of account and service. shelving plans for the fees the nation's second largest bank is involving reliving uproar over fees and in experience last year, a fight i was happy to lead. i'm going to
FOX Business
Dec 4, 2012 12:00am EST
, for that matter are moving towards energy independence, europe and parts of asia are --. melissa: moving towards being more dependent. the problem china is having with the water is something we were suffering from this summer in the drought as well. is there a solution for that coming down the road? is there a way for recycled water for fracking instead of drinking? s seems like somebody would fix that problem? >> again this is part of the environmental concerns and are fantastic being brought to the fore, the industry here in north america is coming greater scrutiny. this technology has been around for 30 years. it is proven to be safe, but the greater the technology the better. keep in mind natural gas well more than $100 a barrel 10 years ago. it is the old addage. high prices are the best cure for high prices. in t past 10 years we brought the technology along where we have this abundance of gas. clearly with the environmental concerns the industry will certainly solve the problem. the profit mode is just too great. melissa: lete ask you about poland. it was one of the most promising plays e
FOX Business
Dec 4, 2012 4:00pm EST
're experiencing now. capital is on strike. much capital is not being created. we see it in western europe. we see it in japan. would apply the same poison here. real people are just debating. how much more burden would we put on already weak economy? david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file wants to hold fast and stick to principle which is rare in washington. david: what is your feeling? do you think we'll go off the cliff? >> i think it will go right to the end. if boehner and senator mcconnell do not cave, i think we'll kick the can down the road. for once that will be a good thing rather than a bad thing. david: steve forbes, forbes media chairman. >> go
FOX News
Dec 4, 2012 12:00pm PST
in europe. any deployment will be defensive only. it will in no way support a in fly zone or any offensive operation. >> syria possessions missiles. we know they have the chemical weapons. of course, they also would have to be included in our calculations. this is will the reason why it is a matter of urgency to ensure effective defensive protection of our ally, turkey. >>reporter: these missile batteries will be programmed only to intercept missiles coming from syria which will be in operation in a few weeks. >>shepard: the syrian president is being wanted not to use the weapons but are there signs he could be getting the message? >>reporter: the white house press secretary seems to think so. >> the president spoke of this explicitly and we had this conversation yesterday about another component being proliferation. it is you spy, syria, or proliferation of, the chemical weapons stockpiles. it is hard to imagine they are not fully aware of the seriousness of the president's position on this. >> secretary of state clinton is in brawls attending the nato foreign minister session. she emphas
MSNBC
Dec 4, 2012 1:00am PST
sometimes in a nice way envy myself. i am the last and only dictator in europe and there are none anywhere else in the world. you came here and looked at a living dictator. where else would you see one?" imagine what it feels like to envy yourself. it would be totally inappropriate for our country to be friendly with guys who run these republics. that are psyched to be referred to as a dictator. but in the real world, we do have some relationships with these types of leaders and these types of countries. sometimes our presidents even go speedboating with these types of leaders. we do as a country, even when they are creeps, we do lead projects with them that our government sees as in our national interests. so in belarus, they gave up their nuclear weapons in the 1990s, but it was a big deal and a surprising thing when the obama administration got belarus to give up their highly enriched uranium too. their stockpile of the material was taken away and secured by the united states. the guy in kazakhstan, the guy who named a national holiday in his own honor, he agreed to give up a portion of
LINKTV
Dec 4, 2012 8:00am PST
. you can talk about traveling to europe, but can you go to the travel agent today and talk about traveling into time? we got new years coming up. we got a big one pretty soon, 2000, the year 2000, okay? and then 2001, 21st century, yeah? how about someone says, well, i'm not so much interested in that. i'm kind of a futurist. most of my friends are sort of like historians. they study history, where we've been. and it's kind of a real gas to know where we've been and where we are now. but my bit is where are we going? that's what i'm interested in. and what i'd like to do is i'd like to travel to the 25th century. and i'd like to see what human beings are doing for new year's eve in the year 2500, okay? what's it gonna be like then? now you go to your travel agent now and ask, you know what they're gonna say to you? the same thing they would have said to you a century ago if you told them you wanted to go from one part to the other part of the world in a metal airplane. they'd say, come on, you can't fly, metal's too heavy. but we can fly today. tomorrow, we might be century hoppi
CNBC
Dec 4, 2012 6:00am EST
concerned about the nature of the dialogue about the fiscal situation? washington and in europe and the issues that had to be dealt with long term and how it affects near term business in terms of what would be accelerated appreciation for investment in business. what will be the final demand. so the uncertainty factor started weighing in and caused everybody to be much more cautious and continue to be more and more cautious worried about what might happen next. >> you're a member of the fix the debt organization. you're worried about what happens if we go over the fiscal cliff. play out the scenario for how things would go down if we actually do move past january 1 without an agreement. >> if you get lots of economist projections, you'll see the general view is the economy would have negative growth or a couple percentage points, whatever it is. near term recession impact. and that nt would be good to the economy because it's been moving its way out. what's really after people is will we be serious about fixing the long term problems of america's fiscal situation. basically hav
CSPAN
Dec 4, 2012 10:00am EST
a sense of europe, perhaps real countries, germany, finland, each with different points of view, but also all with the common view that they have to find a way to work out their differences to save the euro. i believe they will. you can see it, feel it, -- listen to the words. they will find a way to get it done. these countries are also looking to us for leadership. europe chose the danger of uncertainty. we all know that. we all know the uncertainty that exists in this country. uncertainty leaves businesses sitting on the sidelines. it drags down investment and economy into the capital. companies will postpone decisions the next quarter. maybe they will not hire, not do what they would like to do. we cannot leave people wondering what is coming down the pike every few months. confidence matters. it especially matters in our economy. once we resolve the cliff, we need long-term fiscal reduction so that businesses can climb to the future. to get families and businesses certainty, we must agree in the next few weeks on specific spending cuts and specific revenue increases that reduce the d
CNBC
Dec 4, 2012 12:00pm EST
are not believing that. europe continues to worsen so there are lots of issues out there, lots of reasons to be negle negative plus corporate earnings. i remain cautious. >> the former chief economist and vice president biden, tony worked in the bush 43 white house, both cnbc contributors. good to see you both today. is the white house going to accept anything but tax rates going up? >> well, they've never completely closed the door on that. >> it's like maybe just a crack, and i mean it's a small crack. >> yeah, and it's a very small crack and it might even be closing. they are very much about the high higher rates. the thing that i think the white house is having legitimate problems with in this new offer from john boehner is the lack of specificity. tony and i argued this a lot. he makes a great point. do we have to argue about rates versus base? is we can talk about base. and at this point republicans have done the same thing mitt romney was doing. $800 billion in new revenues from unspecified chose urs. the time for that is past. i'm glad they're coming with a counteroffer. they have
CNN
Dec 4, 2012 8:00am PST
europe and canada, but turkey is a long-standing member of nato. and turkey/syrian relationings have gone down over time. you can imagine a situation where the assad government picks a fight to widen the conflict. i don't know why they would do that but maybe they've come up with a theory that gives them a better shot at survival. maybe there's an intervention that freezes the regime in its current state. but dying regime with their back against the wall, those are unpredictable and dangerous regimes. i think all options are possible. i don't mean options on the table, but i mean there are a lot of different scene ae aeros could go baedly. it's more dangerous than the iranian situation right now. >> not good to hear. jim walsh, thank you for touching on all three of those top news stories for us. appreciate your insight this afternoon. we should add to the story as well that nato secretary-general says that the defensive missiles could be in place on the turk yishg syrian border in just weeks. in the meantime, the news out of syria from the opposition, 123 more people have been killed acr
CNN
Dec 3, 2012 5:00pm PST
in europe, when they would support some type of military intervention, would they be with us and under what circumstances, and for what scope of an operation. i'm sure, you know, all of the regional allies that are affected, jordan, turkey, israel, all of them must be spoken to and coordinated with as well. so this is a very difficult sort of multi-layered chess game both for the secretary of state and the secretary of defense, who must also coordinate and try to build coalitions around this in the midst of this crisis. we will be sharing intelligence with our allies, the intelligence agencies will be talking among themselves so they are building a common comprehensive picture of the situation on the ground. so there's a lot of activity that's going on, diplomatically, militarily and in the intelligence circles that we just don't see. >> bob, i almost hate to ask the question but for somebody who is unfamiliar, if assad is mixing sarin gas, were he to use sarin gas, what are we talking about? >> we're talking about the kill radius of a small nuclear weapon. very lethal. it would wipe out a
CNN
Dec 3, 2012 6:00pm PST
for psychiatrists, we can stop these killings. not all of them, because countries in europe that have these types of things, countries around the world and states that do this just do a better job of stopping gun laoss. we can't stop all of them but we can stop a lot of them. we need to do that and we need to do that today. >> britain has tough gun control laws and we have about 35 to 45 gun murders a year. america has 11,000 or 12,000. still, you assure me the more guns you have, it has no correlation to the number of people who get killed with them. it's obvious complete nonsense. in japan, they have the toughest gun control laws in the world. they have about two to ten murders a year from guns. when are you going to do the proper math and stop telling people that the number of guns has no correlation to gun murders? it is blatantly obvious. >> it's the total homicide rate i was talking about, and when you create conditions of gun scarcity like you have in the united kingdom, you create conditions that make it easy for criminals. one of the reasons that the united kingdom has an astronomical bu
CSPAN
Dec 3, 2012 8:00pm EST
europe and asia in terms of our -- in terms of our national natural gas. but it creates a better economy, high revenues that reduces the debt. >> senator, the same question to you. i'm wondering, this headline recently predicting that we're going to be -- the united states could be producing more oil than saudi arabia beginning in 2020. i mean, this is something almost unimagined 10 years ago. what is the role of the federal government from here on out, given that? >> i think the role of the federal government is to do things that encourage exactly that result and to follow up a little bit on the question of fiscal cliff, part of the way that you saw this fiscal problem issue grow our relative position in the economy relative to everybody else's. one of our big problems right now is the percentage of government spending is way more than it should be relative to total g.d.p. and part of that is because you don't have the growth in g.d.p. that the right kind of energy policies would produce. if there's an easier formula ever in the history of economics than more american energy equals more
FOX News
Dec 3, 2012 4:00pm PST
and europe. we're way behind in all the 300 hours added up to about two extra months of class. or schools could add a little more than an hour and a half to etch eexisting school day. each individual school will decide how that school should add in the extra hours. many from the feds and states and private programs will help pay for the extra hours. >> we have heard the warnings for years. scammers are tout target senior citizens. now we may know why. it turns out it's all about the senior citizens' brain and what older folks are missing that could keep them from spotting a scam. plus, if you have been putting off a flu shot you could be running out of time. doctors say flu season is hitting early and hitting very hard. the warning coming up. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ but the fire is so delightful ♪
FOX News
Dec 3, 2012 5:00pm PST
in europe. every single european country collapsed. >> let me make one suggestion, bill. if you think it's only the bishops and pastors with the responsibility to do this you are wrong. >> they're the leaders. >> bill, there are different types of leaders, and catholic lay people, christian lay people have responsibility from their own places of work and their own places of leadership to stand up and to believe and to profess their beliefs and to do it joyfully. >> this isn't a catholic issue. you protestants out there, and you unaffiliated christians, we're all in the same soup bowl here. >> not just christians and catholics. people of belief. >> bill: people who admire the philosophy. >> the religion of christianity. >> bill: we're not going to debate that now. >> it's also a religion. >> bill: it's a religion but it's a philosophy. >> absolutely that too. >> bill: that is being administered by different religions. >> that's true. >> bill: we will have you back for that discussion. >> i couldn't let you get away from w. that. >> i have to wisen you up. i'm going to be excommunicated i
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